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Freshworks to Acquire FireHydrant to Build AI‑Native ServiceOps Platform

Closing is expected in Freshworks’ first fiscal quarter of 2026, with terms undisclosed.

Overview

  • Freshworks signed a definitive agreement to buy FireHydrant, an AI-powered incident management and reliability platform.
  • The combined offering will connect Freshservice’s IT service management with FireHydrant’s incident and operations capabilities into a unified ServiceOps experience.
  • Freshworks and FireHydrant say the integration aims to deliver unified visibility, faster incident response guided by AI summaries and workflows, and proactive reliability based on post-incident insights.
  • FireHydrant, founded in 2018 by Robert Ross and Dylan Nielsen, serves enterprises including Palo Alto Networks, BP, and Qlik and provides advanced on-call, major-incident response, and retrospective analysis.
  • Freshworks frames the deal as part of its AI-focused expansion upmarket, following a string of acquisitions that includes Device42 in 2024 for $230 million.